Nippon Aqua Co., Ltd. (FRA:N3A)

Nippon Aqua Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	33,671	30,265	28,341	25,670	23,903
Revenue Growth (YoY)	11.25%	6.79%	10.41%	7.39%	9.29%
Cost of Revenue	25,932	23,403	21,417	19,886	19,164
Gross Profit	7,739	6,862	6,924	5,784	4,739
Selling, General & Admin	4,964	4,106	3,842	3,272	3,127
Operating Expenses	4,964	4,286	4,042	3,455	3,327
Operating Income	2,774	2,576	2,882	2,329	1,412
Interest Expense	-42.96	-20	-13	-12	-9
Interest & Investment Income	52.46	35	23	39	20
Other Non Operating Income (Expenses)	7.59	11	24	3	5
EBT Excluding Unusual Items	2,792	2,602	2,916	2,359	1,428
Gain (Loss) on Sale of Assets	6.09	7	2	4	-
Asset Writedown	-3.81	-12	-7	-3	-1
Pretax Income	2,796	2,597	2,911	2,360	1,427
Income Tax Expense	900.5	758	907	811	474
Net Income	1,896	1,839	2,004	1,549	953
Net Income to Common	1,896	1,839	2,004	1,549	953
Net Income Growth	3.09%	-8.23%	29.37%	62.54%	-28.99%
Shares Outstanding (Basic)	32	31	31	32	32
Shares Outstanding (Diluted)	32	31	31	32	32
Shares Change (YoY)	1.55%	0.05%	-2.72%	-0.09%	0.03%
EPS (Basic)	59.43	58.54	63.83	47.99	29.50
EPS (Diluted)	59.43	58.54	63.82	47.99	29.50
EPS Growth	1.52%	-8.28%	32.99%	62.68%	-29.00%
Free Cash Flow	1,038	-698	3,727	-568	192
Free Cash Flow Per Share	32.54	-22.22	118.69	-17.60	5.94
Dividend Per Share	35.000	-	-	-	-
Gross Margin	22.98%	22.67%	24.43%	22.53%	19.83%
Operating Margin	8.24%	8.51%	10.17%	9.07%	5.91%
Profit Margin	5.63%	6.08%	7.07%	6.03%	3.99%
Free Cash Flow Margin	3.08%	-2.31%	13.15%	-2.21%	0.80%
EBITDA	2,989	2,815	3,121	2,550	1,619
EBITDA Margin	8.88%	9.30%	11.01%	9.93%	6.77%
D&A For EBITDA	214.1	239	239	221	207
EBIT	2,774	2,576	2,882	2,329	1,412
EBIT Margin	8.24%	8.51%	10.17%	9.07%	5.91%
Effective Tax Rate	32.20%	29.19%	31.16%	34.36%	33.22%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.